Meghna Sen

The Nifty's short-term trend remains choppy with a weak bias. However, as long as the index holds above the crucial 24,000 support level, a rebound towards the 24,400-24,500 zone remains possible, believe analysts.

Speaking to CNBC-TV18, Akshay Gupta, Head of Products (Mobile Experience Business) at Samsung India, said the company's focus this year is on driving adoption rather than chasing shipment targets. "We have introduced three new devices and one completely new form factor. The Fold has now completed seven generations, and we have fine-tuned the experience significantly. The new Galaxy Z Fold 8 is a step towards disrupting the foldable category. We want consumers to truly unlock the potential of these devices," Gupta said.

Speaking to CNBC-TV18, Akshay Gupta, Head of Products (Mobile Experience Business) at Samsung India, said the company's focus this year is on driving adoption rather than chasing shipment targets. "We have introduced three new devices and one completely new form factor. The Fold has now completed seven generations, and we have fine-tuned the experience significantly. The new Galaxy Z Fold 8 is a step towards disrupting the foldable category. We want consumers to truly unlock the potential of these devices," Gupta said.

While most brokerages retained their positive stance on IndiGo, they flagged near-term pressure from elevated fuel costs and geopolitical uncertainties.

According to analysts, a sustained breach of 23,600 could trigger a sharper correction as selling pressure intensifies. On the upside, 24,000 has become the key level to watch.

Citi, Macquarie and JPMorgan maintained their bullish ratings while lowering their target prices, citing the impact of a one-time provision and weaker fee income. HSBC retained its 'Hold' rating, flagging pressure on returns over the medium term.

The India business delivered volume growth of 13%, ahead of Street expectations of 8-9%. The company's growth businesses contributed 36% of India sales and registered a sharp 47% year-on-year growth.

Markets are expected to remain volatile on Tuesday due to the expiry of NSE's monthly derivatives contracts.

Operationally, tower additions slowed during the quarter. Indus Towers added 3,097 towers in Q1FY27, lower than the 4,892 towers added in the March quarter.